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sanitation@lemmy.today to Technology@lemmy.worldEnglish · 9 days ago

SpaceX Investors Are Having Another Brutal Day

finance.yahoo.com

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SpaceX Investors Are Having Another Brutal Day

finance.yahoo.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 9 days ago
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Shares are still swinging wildly after the IPO.
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  • ThePowerOfGeek@lemmy.world
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    9 days ago

    • SeductiveTortoise@piefed.social
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      9 days ago

      This fiddle is way too big to express how little I care.

    • wewbull@feddit.uk
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      8 days ago

      I still think this is the world’s tiniest cello, and not a violin.

      • gnate@lemmy.world
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        8 days ago

        Or perhaps viola da gamba.

        Look at the gams on that thing!

      • Snapz@lemmy.world
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        8 days ago

        Nah, that’s some kinda bug, bro.

  • jeansburger@piefed.world
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    9 days ago

  • Apocalypteroid@lemmy.world
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    9 days ago

    Can you say, “rug pull”?

  • Someonelol@lemmy.dbzer0.com
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    9 days ago

    It’s still above the IPO price so it has plenty more to fall.

  • Pope-King Joe@lemmy.world
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    9 days ago

  • Imgonnatrythis@sh.itjust.works
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    9 days ago

    The Lemmy community expresses heartfelt sympathy for these dumb losers but really if you are an investor that let’s day to day swings on a single stock ruin your day you need to find a new way to invest.

  • Diplomjodler@lemmy.world
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    9 days ago

    Oh dear! Nobody could possibly have seen that coming!

  • rafoix@lemmy.zip
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    9 days ago

    It’s going to stay overpriced because retail investors will keep it pumped because they think it will make them millionaires.

    • Talcosis@lemmy.zip
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      8 days ago

      No, it will stay overpriced because it becomes a part of the NASDAQ 100 on 7/6 and 401ks are then legally required to buy it.

  • TryingToBeGood@reddthat.com
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    9 days ago

    awww shucks…

  • LaunchesKayaks@lemmy.world
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    8 days ago

  • baggachipz@sh.itjust.works
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    8 days ago

    hinting at even more drama as investors struggle to make sense of Musk’s space-and-AI behemoth.

    There is no way for it to make sense. It’s just dumb fucking insanity. Rocket company + subpar bullshit machine + Nazi chat room is not a real company. Soon they’ll combine with former car company who makes sub-par robots, making it even more stupid. Fuck all this shit.

  • NM_Gringo@lemmy.world
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    9 days ago

    I sold my NASDAQ index fund. So glad the S&P passed.

    • ScoffingLizard@lemmy.dbzer0.com
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      8 days ago

      S&P almost certainly index companies that are exposed anyways. Get the fuck out of tech.

  • WanderWisley@lemmy.world
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    8 days ago

  • Leather@lemmy.world
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    8 days ago

    I for one, can not wait to be forced into breeding so my great great grandchildren can continue pay for the SpaceX government bailout of 2028!

    • MrOtingocni@lemmy.world
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      8 days ago

      That’s a manga I would read

  • hark@lemmy.world
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    8 days ago

    Not if they got in at the IPO price of $135. It’s currently at $162, which is significantly higher than the already ridiculous IPO price and the index inclusion hasn’t even happened yet.

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